NEW YORK - CNN business news anchor Lou Dobbs denounces as ``frivolous'' suggestions that he might have a conflict of interest. At issue are his commentaries defending Enron auditors Arthur Andersen. <br>
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Dobbs, host of ``Moneyline,'' has sharply criticized the Justice Department's indictment of the firm. It is charged with obstruction of justice for allegedly shredding documents related to the failed energy trader. <br>
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The Wall Street Journal and The New York Times have questioned whether Dobbs' history with the company is a conflict. <br>
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It is reported that he accepted a speaking fee from Andersen and hired the company as auditor for an Internet venture after he left CNN before recently returning. <br>
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Andersen also sponsored a weekend show Dobbs hosted. <br>
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Dobbs says anyone at Andersen who committed crimes in the Enron case should be prosecuted, but that he's speaking up for the innocent people at the auditing firm. <br>
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Dobbs also questions how a speaking fee would influence him considering his high salary. He said, ``just think of the economics of it.''